Why is Suumaya Indust. falling/rising?

As of 08-Sep, Suumaya Industries Ltd is experiencing a decline in its stock price, currently at Rs. 1.97, which reflects a decrease of Rs. 0.07 or 3.43%. The stock has hit a new 52-week low of Rs. 1.93 today and has underperformed its sector by 4.47%. Over the past week, the stock has dropped by 3.43%, and its performance over the last month shows a significant decline of 10.05%. The company has not declared results in the last six months, which raises concerns about its long-term fundamental strength. The negative financial results reported for June 2024, including a net profit decline of 210.58% and a 94.92% drop in net sales, further exacerbate the stock's poor performance. Additionally, the stock has consistently underperformed against the benchmark over the past three years, generating a return of -60.83% in the last year alone.
In the broader market context, the Sensex has shown a positive return of 0.60% over the past week, contrasting sharply with Suumaya Industries' decline. This indicates that while the overall market is experiencing upward momentum, Suumaya Industries is struggling significantly. The stock's performance is also reflected in its trading patterns, as it has not traded on four out of the last twenty days and is trading below all key moving averages. The liquidity of the stock is deemed sufficient for trading, but the overall sentiment remains negative due to the company's weak financial performance and lack of recent results, making it a risky investment compared to its historical valuations.